1y return+17.7%S&P 500 +20.9%
3y return+71.4%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2022: $194 against $195 in the S&P 500.2
Lbp Am SaS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $619.6M | 6.3% | +12.7% |
| MSFTMicrosoft Corp | $531.1M | 5.4% | +15.5% |
| AMZNAmazon Com Inc | $506.3M | 5.2% | +12.8% |
| AAPLApple Inc | $392.2M | 4.0% | +5.5% |
| GOOGLAlphabet Inc | $302.7M | 3.1% | +61.6% |
| VVisa Inc | $255.5M | 2.6% | −4.4% |
| AVGOBroadcom Inc | $245.6M | 2.5% | +6.2% |
| AMDAdvanced Micro Devices Inc | $242.7M | 2.5% | −6.7% |
| TSMTaiwan Semiconductor Manufac | $221.5M | 2.3% | −7.8% |
| LLYEli Lilly & Co | $197.8M | 2.0% | −11.8% |
| INTCIntel Corp | $195.6M | 2.0% | +202.6% |
| MAMastercard Incorporated | $175.2M | 1.8% | +2.2% |
| TSLATesla Inc | $170.8M | 1.7% | +54.4% |
| GOOGAlphabet Inc | $160.1M | 1.6% | +21.0% |
| MUMicron Technology Inc | $148.6M | 1.5% | −19.6% |
| METAMeta Platforms Inc | $146.5M | 1.5% | +32.8% |
| Linde PLCCUSIP G54950103 | $129.8M | 1.3% | +1.2% |
| MRVLMarvell Technology Inc | $101.1M | 1.0% | +2.8% |
| RTXRtx Corporation | $90.9M | 0.9% | +34.3% |
| UBERUber Technologies Inc | $88.8M | 0.9% | +2.7% |
| Te Connectivity PLCCUSIP G87052109 | $88.3M | 0.9% | +10.3% |
| AMATApplied Matls Inc | $85.6M | 0.9% | +125.4% |
| TMOThermo Fisher Scientific Inc | $83.8M | 0.9% | −20.9% |
| JNJJohnson & Johnson | $79.7M | 0.8% | +76.2% |
| VRTVertiv Holdings Co | $79.4M | 0.8% | +3.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| Seagate Technology Hldngs PlCUSIP G7997R103 | March 31, 2023 | +1359.5% | $65.0M |
| NVDANvidia Corporation | December 31, 2022 | +1269.2% | $619.6M |
| AMDAdvanced Micro Devices Inc | December 31, 2022 | +796.9% | $242.7M |
| AMATApplied Matls Inc | December 31, 2022 | +642.5% | $85.6M |
| GEVGe Vernova Inc | June 30, 2024 | +585.0% | $73.4M |
| AVGOBroadcom Inc | December 31, 2022 | +575.6% | $245.6M |
| PANWPalo Alto Networks Inc | December 31, 2022 | +388.8% | $55.9M |
| METAMeta Platforms Inc | December 31, 2022 | +368.1% | $146.5M |
| GOOGLAlphabet Inc | December 31, 2022 | +305.0% | $302.7M |
| GOOGAlphabet Inc | December 31, 2022 | +298.2% | $160.1M |
Sold off last quarter
- FMXFomento Economico Mexicano S was $46.0M
- Honeywell Intl IncCUSIP 438516106 was $38.9M
- FIXComfort Sys Usa Inc was $15.0M
- DTDynatrace Inc was $14.7M
- MDBMongodb Inc was $12.3M
- MRSHMarsh & Mclennan Cos Inc was $11.2M
- COFCapital One Finl Corp was $7.2M
- FASTFastenal Co was $5.4M
- BROBrown & Brown Inc was $4.7M
- GTXGarrett Motion Inc was $4.5M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +15.6% | +14.8% |
| March 31, 2026 | −6.7% | −4.6% |
| December 31, 2025 | +2.1% | +2.4% |
| September 30, 2025 | +6.8% | +7.8% |
| June 30, 2025 | +15.3% | +10.5% |
| March 31, 2025 | −6.2% | −4.6% |
| December 31, 2024 | +4.3% | +2.1% |
| September 30, 2024 | +5.9% | +5.4% |
| June 30, 2024 | +4.6% | +4.0% |
| March 31, 2024 | +9.7% | +10.0% |
| December 31, 2023 | +11.4% | +11.2% |
| September 30, 2023 | −4.6% | −3.6% |
| June 30, 2023 | +6.4% | +8.3% |
| March 31, 2023 | +6.4% | +7.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Lbp Am Sa Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1970075&type=13F-HR&dateb=&owner=include&count=40CIK 1970075
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1970075/000172554726000250/Filed July 24, 2026 · accession 0001725547-26-000250